Principal Total Current Assets from 2010 to 2024

PFG Stock  USD 87.04  1.31  1.53%   
Principal Financial's Total Current Assets are increasing over the last several years with slightly volatile swings. Total Current Assets are predicted to flatten to about 4.5 B. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2000-12-31
Previous Quarter
11.1 B
Current Value
6.2 B
Quarterly Volatility
28.1 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Principal Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Principal Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 207.1 M, Interest Expense of 1.8 M or Total Revenue of 12.3 B, as well as many indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 0.0235 or PTB Ratio of 1.62. Principal financial statements analysis is a perfect complement when working with Principal Financial Valuation or Volatility modules.
  
Check out the analysis of Principal Financial Correlation against competitors.

Latest Principal Financial's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Principal Financial Group over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Principal Financial's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Principal Financial's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Principal Total Current Assets Regression Statistics

Arithmetic Mean23,016,914,333
Geometric Mean7,270,594,564
Coefficient Of Variation145.39
Mean Deviation28,320,885,689
Median4,313,700,000
Standard Deviation33,464,997,779
Sample Variance1119906076.4T
Range82.4B
R-Value0.40
Mean Square Error1013592087.5T
R-Squared0.16
Significance0.14
Slope2,989,259,304
Total Sum of Squares15678685069.1T

Principal Total Current Assets History

20244.5 B
20234.7 B
202210.9 B
202182.3 B
202083.3 B
201974.4 B
201864.5 B

About Principal Financial Financial Statements

Principal Financial stakeholders use historical fundamental indicators, such as Principal Financial's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Principal Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Principal Financial's assets and liabilities are reflected in the revenues and expenses on Principal Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Principal Financial Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets4.7 B4.5 B

Currently Active Assets on Macroaxis

When determining whether Principal Financial is a strong investment it is important to analyze Principal Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Principal Financial's future performance. For an informed investment choice regarding Principal Stock, refer to the following important reports:
Check out the analysis of Principal Financial Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Principal Financial. If investors know Principal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Principal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
2.79
Earnings Share
(0.74)
Revenue Per Share
59.953
Quarterly Revenue Growth
(0.34)
The market value of Principal Financial is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Financial's value that differs from its market value or its book value, called intrinsic value, which is Principal Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Financial's market value can be influenced by many factors that don't directly affect Principal Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.